📊 According to Bloomberg, prediction market platform Kalshi has been approved to operate as a futures commission merchant (FCM) through its affiliate Kinetic Markets LLC, enabling it to offer margin trading. This move aims to improve capital efficiency and attract institutional investors, with the product initially available to institutions and not applicable to event contracts in the near term.
📌 Top 5 News for 24 Hour:
1. $258M liquidated in 4 hours, $BTC accounts for $118M. →
👁 319 | ❤️ 1 | 🔁 6
2. NYSE parent company invests $600M in Polymarket. →
👁 286 | ❤️ 0 | 🔁 5
3. Bitcoin's 200-day moving average exceeds $59k. →
👁 228 | ❤️ 0 | 🔁 5
4. US dollar bills to feature Trump's signature only. →
👁 233 | ❤️ 2 | 🔁 4
5. BlackRock deposits $ETH and $BTC to Coinbase Prime. →
👁 316 | ❤️ 0 | 🔁 4
| | |
1. $258M liquidated in 4 hours, $BTC accounts for $118M. →
👁 319 | ❤️ 1 | 🔁 6
2. NYSE parent company invests $600M in Polymarket. →
👁 286 | ❤️ 0 | 🔁 5
3. Bitcoin's 200-day moving average exceeds $59k. →
👁 228 | ❤️ 0 | 🔁 5
4. US dollar bills to feature Trump's signature only. →
👁 233 | ❤️ 2 | 🔁 4
5. BlackRock deposits $ETH and $BTC to Coinbase Prime. →
👁 316 | ❤️ 0 | 🔁 4
| | |
📊 SEMI-SHOCK: Morgan Stanley's bitcoin ETF will charge 14bps, making it the cheapest spot bitcoin ETF on the market and 11bps cheaper than $IBIT.
This means none of their advisors will feel conflicted using it and they have a shot at getting outside assets. Smart.
Launch probably in the next two weeks. Nice catch on the filing from Marty Party. #etf
This means none of their advisors will feel conflicted using it and they have a shot at getting outside assets. Smart.
Launch probably in the next two weeks. Nice catch on the filing from Marty Party. #etf
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🗣 #BTC President Trump says, "Bitcoin is very powerful."
"So many people now want to pay you in crypto."
"So many people now want to pay you in crypto."
💸 According to Reuters, Coinbase has partnered with mortgage lender Better Home & Finance to enable homebuyers to use Bitcoin or USDC as collateral for down payment loans. This loan is distinct from the Fannie Mae-backed primary home mortgage, allowing buyers to keep their crypto assets intact, thus preserving potential appreciation and deferring tax liabilities. Additionally, as long as payments are made on time, a decrease in the collateral's value will not result in margin calls.
🇺🇸⚠️ U.S. Senator Elizabeth Warren sent a letter to the Commerce Secretary on Thursday requesting documents related to Chinese mining giant Bitmain to review potential "national security risks." She specifically requested clarification on communications between Bitmain, the Trump family, and the Commerce Department.
📊 The Governor of California has signed an order banning insider trading on prediction markets.